How to Get a Home Loan if You’re Self Employed
Bank Statement Loan Programs are the Key
Find Out More About the Bank Statement Loan
My Lender Jackie/ Summit Lending Bank Statement program allows self-employed borrowers the ability to qualify based on a 12 or 24 month average of deposits using their personal or business bank account.
Benefits to Business Owners
No Tax Returns Required
Personal Bank Statement qualified based on 12 month average monthly deposits
Business Bank Statement qualified based on 24 month average monthly deposits
680 Minimum Credit Score
Up to 90% LTV (No MI) allowed on Personal and Business
Loans to $3 Million (Minimum $150,000)
Great Rates & Terms
No pre-pay penalty ever
Interest Only Available
5/1 ARM – 7/1 ARM – 10/1 ARM – 15 yr fixed – 30-year fixed – RATES START IN THE 4’s
Recent foreclosure, short sale, bankruptcy, deed In lieu OK with letter of explanation
Flexible Options
Non-warrantable condos considered
SFRs, townhomes, condos, 2-4 units
DTI 43+% with no additional reserve requirement (depending on investor)
Purchase or Refinance (No Home Equity Loans)
Cash-Out Refinance can be used for home improvement
Closing time is FAST – 3-week average


Have a Specific Question?
Send me an email at Jackie@MyLenderJackie.com or call me at 949-600-0944
Book a time to chat HERE
Get Pre-Approved
No Hidden Fees - No Obligation - No Upfront Costs
Find Out How the Bank Statement Program is Your Key to Homeownership
